Class Certified In IPO Fraud Suit Against Chinese EV Maker
By Katryna Perera ( August 9, 2023, 4:21 PM EDT) -- A New York federal judge has certified a class of U.S. investors who bought shares of a Chinese electric vehicle company as part of its initial public offering and allege they were damaged by misrepresentations the company made about its plans to construct a manufacturing facility in Shanghai....
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